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FX Sniper Magenta indicator for MT5

FX Sniper Magenta Indicator

FX Sniper Magenta is an exclusive and leading indicator to trade Forex with your Metatrader trading platform.
FX Sniper Magenta is able to analyze market participants behavior and to predict changes in the price direction even before movement starts.
Most indicators are lagging indicators and are useless. FX Sniper Magenta is a unique leading indicator.
The indicator displays arrows in your chart (please see screenshot attached) showing the probable direction of price action.
FX Sniper Magenta never repaints. Once candle is closed signal is confirmed and arrow will never disappear.

Inputs of the indicator are:
  • Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol
  • MaxBars: number of bars back used to calculate the indicator
  • TradeDirection (Long/Short/LongAndShort): filter signals for BUY and SELL
  • UseAlerts (true/false): to enable alerts
  • PopAlerts (true/false): to enable alerts of type Popup window
  • EmailAlerts (true/false): to enable alerts of type Email
  • PushAlerts (true/false): to enable alerts of type Push Notification
  • SoundAlerts (true/false) to enable alerts of type Sound
  • SoundFile: file to be used for sound alerts
Size and color of the arrows can be setup in the Color tab of the indicator.


Trading rules:

  • Enter trade at opening of next candle in the direction of the signal (SELL/BUY)
  • Place stop at the top (SELL) or bottom (BUY) of the signal candle or use stop based on ATR
  • Take profit with reward / risk of 2:1 or 3:1

The indicator can be used with any time frame.
It can be used to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.

Indicators for MT5:
All our indicator are developed both for MT4 and MT5.

List of all our indicators:
👉  You can get the complete list of our indicators visiting our profile page.

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Roberto Spadim
1 (2)
Indicateurs
This Indicator creates a heatmap based on depth of market of the current symbol or another symbol. Other symbol is useful when you trade futures market and a contract has 'mini' and 'full' split. For example, in Brazil (B3 - BMF&Bovespa), WDO and DOL are future Forex contract of BRL/USD (where 1 DOL = 5 WDO) and big banks work mostly with DOL (where liquidity is important). Please use with M1 timeframe , objects are too small to be displayed at higher timeframes (MT5 limit). The number of level
VIP Buy Sell Signals
Hapu Arachchilage Tharindu Lakmal
Indicateurs
Here is a Live DEMO testing account for the indicator. ( Profit proofs ) Login (MT5) - 100246 Server - FusionMarkets-Demo Investor PW - VIPindicator@2024 Contact me through this email aaddress to download the FREE strategy PDF for this indicator tharindu999lakmal@gmail.com Introduction   The   "Buy Sell Signals"   is designed to provide BUY and SELL trade signals based on the current market conditions.   A   Profitable   Trading Strategy   (Chee sheet)   is provided for this trading indicato
Power Trade Indicator
Joel Malebana
Indicateurs
Introducing the POWER TRADE indicator created by a small group of traders with a few years trading trading the financial market profitably . This is a plug and play indicator that provides you with  POWERFUL Entry signals with Profit Taking and rebound zones. The indicator Works with all MT5 trading instruments. The indicator uses previous  chart data as receipt to speculate on future market moves.
Viking Strategy Signal Indicator
E Bahamlong Bagoudjare
Indicateurs
Tout d'abord, il est important de souligner que cet indicateur de trading ne se redessine pas   et ne présente   pas de retard   . C'est la meilleure solution que j'ai conçue sur la base de    mes 4 années d'expérience    et   des différentes méthodologies que j'ai expérimentées   (SMC, SnD, HLZ, ICT, WICKOFF...) pour aider les personnes qui n 'ont pas assez de temps à consacrer aux graphiques pour analyser le marché jusqu'à attendre les confirmations avant d'ouvrir des transactions. i- Indi
Elliot Waves Analyzer Pro
Viktor Weidenthal
2.67 (3)
Indicateurs
Elliot Waves Analyzer Pro calculates Elliot Waves to Help Identify Trend direction and Entry Levels. Mainly for Swing Trading Strategies. Usually one would open a Position in trend direction for Wave 3 or a Correction for Wave C . This Indicator draws Target Levels for the current and next wave. Most important Rules for Elliot Wave Analysis are verified by the Indicator.  The Pro version analyzes Multiple Timeframes and shows the Subwaves and Target-Levels.   For an Overview  " Elliot Waves Anal
Go Way TREND
Ywsf Hsyn Hmad Alrsh
Indicateurs
Suivez la tendance. Oui, attendez le signal d'entrée, qu'il soit d'achat ou de vente, sur une image de 15 minutes, et vérifiez le signal s'il apparaît sur une image de 30 minutes (il faut parfois une heure ou plus pour que le signal apparaisse. Vous pouvez revenir au cadre de 15 minutes et revenez au cadre de 30 minutes, et répétez cette opération jusqu'à ce que le signal principal apparaisse pour vous. Si le signal apparaît sur le cadre de 30 minutes, entrez avec le prix et le profit est pris
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Renaud Herve Francois Candel
5 (1)
Indicateurs
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Naked Forex Tweezer Pro indicator for MT4 by ITC
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Indicateurs
Naked Forex Tweezer Pro Indicator Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The T
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Renaud Herve Francois Candel
Indicateurs
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Naked Forex Big Shadow indicator for MT4
Renaud Herve Francois Candel
Indicateurs
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TTM Squeeze indicator for MT4
Renaud Herve Francois Candel
Indicateurs
TTM Squeeze Indicator TTM Squeeze is an indicator to time entries based on volatility. TMM Squeeze might well be one of the best and most overlooked indicator. It was created by famous trader John Carter and is also used by many traders like Nathan Bear. Why is the TTM Squeeze indicator important? Because in trading correct timing entries might be more important than picking the right direction.   This is a concept that is not very well understood in the trading community. Most trader think
Inside Bar indicator for MT4
Renaud Herve Francois Candel
Indicateurs
Inside Bar Indicator Inside Bar is a very popular candlestick pattern. Inside Bar indicator can be used to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos. The Inside Bar indicator will search for inside bar candles pattern in the chart and will generate display them. The indicator is also able to generate alerts in your screen or sent to your phone. Inputs of the indicator are: Symbol : type of char symbol to be displayed in the chart to show Inside Bar patterns Custo
Naked Forex Engulfing Bar indicator for MT4
Renaud Herve Francois Candel
Indicateurs
Engulfing Bar IndicatorEngulfing Bar indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The Engulfing Bar indicator is an enhanced pattern of the popular Engulfing Bar to  keep only the best patterns produced in the market. The strategy that comes with the Engulfing Bar is based on  price action. Inputs of the indicator are: Distance: distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/fa
Naked Forex Pin Bar indicator for MT4
Renaud Herve Francois Candel
Indicateurs
Pin Bar Indicator The Pin Bar indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The strategy that comes with the Pin Bar pattern is based on price action. Inputs of the indicator are: Distance : distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/false): enable alerts PopAlerts (true/false): enable alerts in the popup window EmailAlerts (true/false): enable email alerts PushAlerts (tru
Naked Forex Kangaroo Tail Pro indicator for MT4
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Indicateurs
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Renaud Herve Francois Candel
5 (2)
Indicateurs
Bar Strength Divergence Indicator for MT4 BarStrength Indicator is an exclusive indicator to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos. BarStrength Indicator shows the strength of each candle. The indicator shows in a separate windows candles relatively to 2 price levels representing resistance and support in the market. Once candle is near resistance it is highly probable that price movement will change direction and will go down in the next candles. Once candle is
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Indicateurs
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High Low indicator for MT4
Renaud Herve Francois Candel
5 (1)
Indicateurs
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Indicateurs
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Renaud Herve Francois Candel
Indicateurs
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FX Sniper Magenta indicator for MT4
Renaud Herve Francois Candel
Indicateurs
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FX Sniper Yellow indicator for MT4
Renaud Herve Francois Candel
Indicateurs
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FX Sniper Orange indicator for MT4
Renaud Herve Francois Candel
Indicateurs
FX Sniper Orange Indicator FX Sniper Orange is an exclusive indicator to spot situations where market has gone too far and market could reverse soon after. The indicator displays arrows in your chart indicating probable future price action (see screenshot attached). By default, it uses orange arrows. FX Sniper Orange never repaints. Once candle is closed signal is confirmed and arrow will never disappear. Users of the indicator can setup alerts when new arrows are displayed in the chart.
VWAP indicator for MT4
Renaud Herve Francois Candel
Indicateurs
Moving VWAP Indicator Moving VWAP is an important indicator drawing the Volume-Weighted Average Price (VWAP). The VWAP is a reference used by institutional traders and acts as a level of support / resistance. If price is above VWAP then means market is bullish. If price is below VWAP then means market is bearish. It can be used to enter in the market with low risk (near VWAP) and also identify the correct direction of the market. The Moving VWAP is as simple as a Simple Moving Average.
Normalized Volume indicator for MT4
Renaud Herve Francois Candel
Indicateurs
Normalized Volume 99% of indicators are based on price analysis. This indicator is based on volume. Volume is overlooked piece of information in most trading systems. And this is a big mistake since volume gives important information about market participants. Normalized Volume is an indicator that can be used to confirm reversal points. The indicator code volume with colors indicating high, normal and low volume. You could enhance dramatically your trading system using volume analysis
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Renaud Herve Francois Candel
Indicateurs
Fx Levels Premium Indicator Support and Resistance are important concepts in trading. Fx Levels Premium was created to easily draw important levels of support and resistance for the active trader. The indicator will give you all important levels (support/resistance) to watch for a wide range of assets. Trading without these levels on your chart is like driving a car for a long journey without a roadmap. You would be confused and blind. Support and resistance levels should be used as guidel
Breakout Impulse indicator for MT4
Renaud Herve Francois Candel
Indicateurs
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Daily Pivots Multi indicator for MT4
Renaud Herve Francois Candel
Indicateurs
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Dashboard Display indicator for MT4
Renaud Herve Francois Candel
Indicateurs
Dashboard Display Indicator With the Dashboard Display indicator you can create a nice, customized and professional dashboard in a few minutes. You can create your personal dashboard and have a look at a glance at real time data. You can use the Dashboard Display indicator with any symbol of your platform. The inputs of the indicator are: Symbol : symbol name as it appears in your platform (or VIX or DXY for specific symbols) DisplayName : name of symbol as it should appear in the disp
Smart Moving Averages indicator for MT4
Renaud Herve Francois Candel
Indicateurs
Smart Moving Averages Indicator Smart Moving Averages is an exclusive indicator for Metatrader platform. Instead of calculating moving averages for the selected chart time frame, the Smart Moving Averages indicator gives you the opportunity to calculate moving averages independently from the chart time frame. For instance you can display a 200 days moving average in a H1 chart. Inputs of the indicator are: Timeframe : timeframe to be used for the calculation of the moving average Perio
Market Momentum Alerter for MT4
Renaud Herve Francois Candel
Indicateurs
Market Momentum Alerter Market Momentum Alerter will inform you about danger to operate in the market. Imagine you see a very nice setup (Forex, Stocks, Indices) and you decide to place your trade... And you finally lose your trade and don't understand what happened. This can happen due to big operations in the market carried out by banks and big institutions. These operations are invisible for most people. Now with the Market Momentum Alerter you will be able to detect those operation
Matrix indicator for MT4 by ITC
Renaud Herve Francois Candel
Indicateurs
Matrix Indicator Matrix Indicator is a simple but effective indicator. Matrix indicator displays usual oscillators indicators in a user friendly color coded indicator. This makes it easy to identify when all indicators are aligned and spot high probability entries. Inputs of indicator are: Indicator: RSI, Stochastic, CCI, Bollinger Bands Param1/Param2/Param3: usual settings for the indicator ValueMin: Oversold level for oscillator ValueMax: Overbought level for oscillator The indicator
OBOS Overbought Oversold indicator for MT4
Renaud Herve Francois Candel
Indicateurs
OBOS indicator OBOS Indicator is an exclusive indicator to spot entries based on price action. The OBOS Indicator is both effective and user friendly. Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache. The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information. Inputs of the indicator are: MaxBars : number of bars to display in your chart Smoothing period : number
Trend Direction ADX indicator for MT4
Renaud Herve Francois Candel
Indicateurs
Trend Direction ADX indicator for MT4 Trend Direction ADX is part of a series of indicators used to characterize market conditions. Almost any strategy only work under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc.. Trend Direction ADX is an indicator to be used to characterize trend direction: trending up trending down ranging Trend Direction ADX is based on ADX standard indi
Trend Strength MA indicator for MT4
Renaud Herve Francois Candel
Indicateurs
Trend Strength MA indicator Trend Strength MA is a part of a series of indicators used to characterize market conditions. Almost any strategy only works under certain market conditions. Therefore, it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc. Trend Strength MA is an indicator to be used to characterize trend strength: Up extremely strong Up very strong Up strong No trend Down strong Down very strong Down extremely
Trend Direction Up Down indicator for MT4
Renaud Herve Francois Candel
Indicateurs
Trend Direction Up Down indicator Trend Direction Up Down is part of a series of indicators used to characterize market conditions. Almost any strategy only works under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility. Trend Direction Up Down is an indicator to be used to characterize trend direction (medium term trend): trending up trending down ranging Trend Direction Up Down is ba
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Version 1.30 2023.07.04
New compilation